“Despite the impact of U. S. tariffs amounting to 1,450,000,000,000.00 yen improvement efforts such as increasing volume, model mix, cost reductions and expanding value chain profits are expected to result in a positive impact of 900,000,000,000.0 yen To maintain and strengthen our earnings power, we will work with all stakeholders, including suppliers and dealers, to leverage results of the strengthening of our operational foundations to further improve productivity. I believe everyone here has seen the models we unveiled at the Japan Mobility Show. These cars speak more for themselves than I ever could. Each and every product is something that could not be created overnight. Toyota is a company managed through its products, which are the results of long term efforts built up by many people.

“Our products were created by our development teams, production teams, suppliers, dealers and, of course, our customers and the market. The first half financial results reflect these efforts, and our cars have generated solid profit. And now in addition to Toyota, Lexus, Daihatsu and GR, we are able to introduce the new Century brand. By having each brand take on clearer roles within the Toyota Group to form complementary relationships, we can expand customers’ choices even further with a diverse range of products that meet the needs of each individual. We hope you will continue to have even higher expectations for the Toyota Group moving forward,” said Toyota Motor Corporation Chief Officer Takanori Azuma.